Lyft (LYFT) Operating Expenses (2018 - 2026)
Lyft's quarterly Operating Expenses came in at $1.7 billion in Q1 2026, up 11.95% year-on-year from $1.5 billion in Q1 2025, and down 6.86% quarter-over-quarter from $1.8 billion in Q4 2025.
Lyft has reported Operating Expenses for 9 years, with the latest figure at $1.7 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 11.95% year-over-year to $1.7 billion; the trailing twelve-month figure through Mar 2026 stood at $6.7 billion (up 10.55% YoY), and the FY2025 full-year result was $6.5 billion, up 10.16% from the prior year.
- Operating Expenses for Q1 2026 stood at $1.7 billion, down from $1.8 billion in the prior quarter.
- The five-year high for Operating Expenses was $1.8 billion in Q4 2025, with the low at $1.1 billion in Q1 2022.
- Average Operating Expenses over 5 years is $1.4 billion, with a median of $1.5 billion recorded in 2024.
- Year-over-year, Operating Expenses jumped 42.42% in 2022 and declined 27.46% in 2023.
- Tracing LYFT's Operating Expenses over 5 years: stood at $1.8 billion in 2022, then declined by 27.46% to $1.3 billion in 2023, then increased by 18.49% to $1.5 billion in 2024, then rose by 16.78% to $1.8 billion in 2025, then decreased by 6.86% to $1.7 billion in 2026.
- The last three Operating Expenses figures came in at $1.7 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.16 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 2.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.04 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 3.32 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.54 Bn |
| 10 | Lyft | 5.49 Bn | 3.77 Bn | 1.38 Bn | 1.66 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.66 Bn |
| Dec 31, 2025 | 1.78 Bn |
| Sep 30, 2025 | 1.66 Bn |
| Jun 30, 2025 | 1.59 Bn |
| Mar 31, 2025 | 1.48 Bn |
| Dec 31, 2024 | 1.52 Bn |
| Sep 30, 2024 | 1.58 Bn |
| Jun 30, 2024 | 1.46 Bn |
| Mar 31, 2024 | 1.34 Bn |
| Dec 31, 2023 | 1.28 Bn |
| Sep 30, 2023 | 1.20 Bn |
| Jun 30, 2023 | 1.18 Bn |
| Mar 31, 2023 | 1.22 Bn |
| Dec 31, 2022 | 1.77 Bn |
| Sep 30, 2022 | 1.34 Bn |
| Jun 30, 2022 | 1.36 Bn |
| Mar 31, 2022 | 1.07 Bn |
| Dec 31, 2021 | 1.24 Bn |
| Sep 30, 2021 | 1.07 Bn |
| Jun 30, 2021 | 1.01 Bn |
| Mar 31, 2021 | 1.03 Bn |
| Dec 31, 2020 | 1.02 Bn |
| Sep 30, 2020 | 953.10 Mn |
| Jun 30, 2020 | 826.84 Mn |
| Mar 31, 2020 | 1.37 Bn |
| Dec 31, 2019 | 1.40 Bn |
| Sep 30, 2019 | 1.45 Bn |
| Jun 30, 2019 | 1.54 Bn |
| Mar 31, 2019 | 1.93 Bn |
| Dec 31, 2018 | 939.59 Mn |
| Sep 30, 2018 | 853.63 Mn |
| Jun 30, 2018 | 698.55 Mn |
| Mar 31, 2018 | 642.57 Mn |